Prices as of 2026/10/30 close
Company comparison · Gas & Energy Suppliers



Tokyo Gas is the largest by revenue at ¥2.8T, followed by Osaka Gas (¥2.0T), NICIGAS (¥208.5B) and Shizuoka Gas (¥201.2B).
NICIGAS has the highest operating margin at 10.2%, 3.2 points above the lowest, Tokyo Gas (7.0%).
Revenue growth in the latest results: Tokyo Gas +7.5%, NICIGAS +4.2%, Shizuoka Gas −0.5%, Osaka Gas −1.9%. For next year, Tokyo Gas guides for the fastest operating profit growth (−5.9%).
Shizuoka Gas pays the most on average (¥7.74M), ¥1.02M more than NICIGAS (¥6.72M).
Over the past year the shares moved Osaka Gas +37.9%, Shizuoka Gas +22.2%, Tokyo Gas +21.5%, NICIGAS −7.9%.
Head-to-head wins16 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Tokyo Gas aheadTokyo Gas 3 : Osaka Gas 0 : NICIGAS 0 : Shizuoka Gas 0
Revenue: Tokyo Gas ¥2.8T / Osaka Gas ¥2.0T / NICIGAS ¥208.5B / Shizuoka Gas ¥201.2B
ProfitabilityInvestors
EvenTokyo Gas 1 : Osaka Gas 1 : NICIGAS 1 : Shizuoka Gas 0
Operating margin: Tokyo Gas 7.0% / Osaka Gas 8.6% / NICIGAS 10.2% / Shizuoka Gas 7.0%
GrowthInvestors
Tokyo Gas aheadTokyo Gas 5 : Osaka Gas 0 : NICIGAS 0 : Shizuoka Gas 0
Revenue growth (YoY): Tokyo Gas +7.5% / Osaka Gas −1.9% / NICIGAS +4.2% / Shizuoka Gas −0.5%
Stock & balance sheetInvestors
EvenTokyo Gas 0 : Osaka Gas 1 : NICIGAS 0 : Shizuoka Gas 1
Share price, 1 year: Tokyo Gas +21.5% / Osaka Gas +37.9% / NICIGAS −7.9% / Shizuoka Gas +22.2%
Pay & workforceJob seekers
Shizuoka Gas aheadTokyo Gas 0 : Osaka Gas 0 : NICIGAS 0 : Shizuoka Gas 3
Average salary: Tokyo Gas ¥7.65M / Osaka Gas ¥7.38M / NICIGAS ¥6.72M / Shizuoka Gas ¥7.74M
| Metric | Tokyo Gas | Osaka Gas | NICIGAS | Shizuoka Gas |
|---|---|---|---|---|
| Revenue | ◎¥2.8T | ¥2.0T | ¥208.5B | ¥201.2B |
| Operating profit | ◎¥197.7B | ¥174.8B | ¥21.3B | ¥14.1B |
| Net income | ◎¥226.9B | ¥152.8B | ¥14.8B | ¥10.0B |
| Metric | Tokyo Gas | Osaka Gas | NICIGAS | Shizuoka Gas |
|---|---|---|---|---|
| Operating margin | 7.0% | 8.6% | ◎10.2% | 7.0% |
| Net margin | ◎8.0% | 7.5% | 7.1% | 5.0% |
| ROE | — | — | — | 8.1% |
| Revenue per employee | ¥865M | ◎¥1.6B | ¥184M | ¥306M |
| Metric | Tokyo Gas | Osaka Gas | NICIGAS | Shizuoka Gas |
|---|---|---|---|---|
| Revenue growth (YoY) | ◎+7.5% | −1.9% | +4.2% | −0.5% |
| Operating profit growth (YoY) | ◎+48.5% | +8.8% | +14.7% | +36.6% |
| Revenue CAGRlast 5 years | ◎+9.9% | +8.3% | +7.8% | — |
| Guidance: revenue growthnext FY plan | ◎+4.0% | +2.0% | — | −0.0% |
| Guidance: op. profit growthnext FY plan | ◎−5.9% | −14.2% | −6.0% | −31.6% |
| Metric | Tokyo Gas | Osaka Gas | NICIGAS | Shizuoka Gas |
|---|---|---|---|---|
| Share price, 1 year | +21.5% | ◎+37.9% | −7.9% | +22.2% |
| Share price, 3 months | +4.1% | +6.8% | −11.9% | ◎+8.2% |
| P/E (trailing)lower = cheaper | — | — | — | 10.3x |
| Equity ratio | — | — | — | 70.8% |
| Share price (close) | ¥6,517 | ¥5,892 | ¥866.1 | ¥1,370 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Tokyo Gas | Osaka Gas | NICIGAS | Shizuoka Gas |
|---|---|---|---|---|
| Average salary | ¥7.65M | ¥7.38M | ¥6.72M | ◎¥7.74M |
| Starting salary (monthly) | ¥260,000 | ¥243,000 | ¥240,000 | ◎¥277,000 |
| Average tenure | 18.8 yrs | 15.9 yrs | 13.3 yrs | ◎20.9 yrs |
| Average age | 43.3 | 43.8 | 39.7 | 44.3 |
| Employees | 3,276 | 1,283 | 1,135 | 657 |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥6,517+21.5% (1Y)
Tokyo Gas +21.5% over 1Y. Compared: Osaka Gas +37.9%, NICIGAS -7.9%, Shizuoka Gas +22.2%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Tokyo Gas4 segments
Osaka Gas3 segments
NICIGAS3 segments
Shizuoka Gas3 segments
AAverage annual salary from the securities filings: Shizuoka Gas ¥7.74M, Tokyo Gas ¥7.65M, Osaka Gas ¥7.38M, NICIGAS ¥6.72M. Shizuoka Gas pays the most. Averages also depend on staff age and job mix, so check the average age too (Tokyo Gas 43.3, Osaka Gas 43.8, NICIGAS 39.7, Shizuoka Gas 44.3).
ARevenue in the latest results: Tokyo Gas ¥2.8T, Osaka Gas ¥2.0T, NICIGAS ¥208.5B, Shizuoka Gas ¥201.2B. Tokyo Gas is the largest by revenue at ¥2.8T, followed by Osaka Gas (¥2.0T), NICIGAS (¥208.5B) and Shizuoka Gas (¥201.2B).
AOperating margins: NICIGAS 10.2%, Osaka Gas 8.6%, Shizuoka Gas 7.0%, Tokyo Gas 7.0%. NICIGAS turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Osaka Gas +37.9%, Shizuoka Gas +22.2%, Tokyo Gas +21.5%, NICIGAS −7.9%. Osaka Gas has risen the most.



Comparing 4 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.